October 22, 2014 10:56 AM ET

Food Products

Company Overview of Maxingvest AG

Company Overview

maxingvest ag manufactures and sells coffee, and skin and body care products in Germany, Europe, the Americas, Africa, Asia, and Australia. The company’s Tchibo segment produces, sources, and sells roasted coffee; and provides consumer merchandise and power, as well as mobile communications services and travel services. It markets its products through its branches, mail orders, and online, as well as through specialist retailers and supermarket outlets; and offers coffee delivery services for commercial customers, such as offices and catering establishments. The company’s Beiersdorf segment manufactures and distributes skin and body care products under the NIVEA, Eucerin, La Prairie, Labello...

Überseering 18

Hamburg,  22297

Germany

29,078 Employees

Phone:

49 40 6387 2876

Fax:

49 40 6387 2530

Key Executives for Maxingvest AG

Chief Executive Officer
Age: 64
Managing Director and Member of Management Board
Age: 69
Managing Director and Member of Management Board
Age: 55
Deputy Chairman of Supervisory Board and Chairman of the Works Council
Compensation as of Fiscal Year 2014.

Maxingvest AG Key Developments

Maxingvest AG Reports Earnings Results for the First Half of 2014

Maxingvest AG reported earnings results for the first half of 2014. The company generated revenues of €4,693 million in the first half of 2014, with organic year-on-year growth in revenues of 1.9% (nominal, due to exchange rate effects, -1.6%). EBIT declined from €565 million to €527 million.

Maxingvest AG to Report First Half, 2014 Results on Aug 29, 2014

Maxingvest AG announced that they will report first half, 2014 results on Aug 29, 2014

maxingvest ag Reports Earnings Results for the Year 2013; Provides Earnings Guidance for the Year 2014

maxingvest ag reported earnings results for the year 2013. For the year, the company reported revenue of EUR 9.603 million against EUR 9.608 million a year ago. Operating profit for the re-porting period came to EUR 1.080 million against EUR 919 million a year ago. The company expects revenues and EBIT in 2014 to be on par with last year's level. Substantially higher revenues are expected in the growth areas of online and single-serve systems, while further structural adaptations to the shop network will have a revenue-reducing effect.

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